Managing Your Investment Manager: Complete Guide to Selection, Measurement, and Control

The continued growth of assets in retirement plans, trust accounts, foundations, and the portfolios of wealthy individuals has created a special need for skilled professionals who know how to organize the entire process associated with managing and administering these funds. This process includes deciding how the asset pool can help the organization that owns it, what kinds of securities should be used, how to choose an appropriate risk policy, and what investment manager structure is best to meet the particular needs of the portfolio's owner. Once the portfolio is in operation, it is necessary to know how well it is doing, against what benchmark, and over what time horizon.
Managing Your Investment Manager gives you a practical, how-to look at investment management, as well as a complete overview of modern portfolio theory concepts. This essential reference covers alternative investments (including investment partnerships, real estate, energy, venture capital, leveraged buyouts, and short selling), actuarial science, and the special needs of individual portfolios. You'll also find a quick-reference index, information on historical investment returns, the size of the world securities markets, and a mathematics refresher course.